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Straight-Line Method
A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.
Resale Value
The expected amount that an item or asset can be sold for at a future date, taking into account depreciation and market demand.
Sum-Of-The-Years-Digits
An accelerated method of depreciation which calculates annual depreciation by multiplying an asset's cost by a fraction that decreases year by year.
Scrap Value
The estimated residual value of an asset after it has reached the end of its useful life.
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